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Independent Bank posts strong Q4 2025 earnings growth

Story Highlights
  • Independent Bank Corp. recorded sharply higher fourth-quarter 2025 earnings, with improved returns, margins and operating profits.
  • Enterprise Bancorp integration, modest loan growth and capital-strengthening buybacks boosted balance sheet metrics and shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Independent Bank posts strong Q4 2025 earnings growth

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Independent Bank ( (INDB) ) has shared an announcement.

Independent Bank Corp. reported strong fourth-quarter 2025 results on January 22, 2026, with net income rising to $75.3 million, or $1.52 per diluted share, from $34.3 million in the prior quarter, and operating net income increasing to $84.4 million, or $1.70 per diluted share, reflecting the successful integration of its recent acquisition of Enterprise Bancorp. The bank delivered higher returns on assets and equity, an expanded net interest margin driven by lower deposit costs, modest loan growth led by commercial and industrial lending, slightly higher average deposits despite seasonal period-end outflows, and stable asset composition, while also enhancing shareholder value through stock repurchases, growth in book and tangible book value per share, and a stronger common equity-to-assets position despite ongoing merger-related expenses.

The most recent analyst rating on (INDB) stock is a Hold with a $87.00 price target. To see the full list of analyst forecasts on Independent Bank stock, see the INDB Stock Forecast page.

Spark’s Take on INDB Stock

According to Spark, TipRanks’ AI Analyst, INDB is a Outperform.

INDB scores 78 driven primarily by solid financial performance (strong growth and prudent leverage, with some cash-flow efficiency pressure). Technicals add support with a strong uptrend and positive momentum. Valuation is fair (P/E ~18.4) with a supportive ~3.0% yield, and the latest earnings call was constructive on NII/NIM outlook while acknowledging higher expenses and modestly rising credit/noninterest income headwinds.

To see Spark’s full report on INDB stock, click here.

More about Independent Bank

Independent Bank Corp., headquartered in Rockland, Massachusetts, is a regional banking company and the parent of Rockland Trust Company. It operates in the commercial and consumer banking industry, offering loans, deposit products, cash management and related financial services, with a balance sheet centered on core deposits, diversified loan portfolios across commercial and consumer segments, and a securities portfolio that represented 13.3% of total assets as of December 31, 2025.

Average Trading Volume: 298,647

Technical Sentiment Signal: Buy

Current Market Cap: $3.73B

See more data about INDB stock on TipRanks’ Stock Analysis page.

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